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Placidie
Placidie is 39. She is a mother of one child aged 5 who goes to school. She sells sorghum and has been in the business for the past 10 years. She wants the loan to buy more sorghum for resale. The profits from the business will be used to pay school fees for her child.

Additional Information

About Urwego Opportunity Bank of Rwanda (UOB)

Urwego Opportunity Bank (UOB) is a Rwandan bank specializing in microfinance. It offers credit products to individuals and groups interested in starting or expanding their businesses. It also offers training in business development, financial literacy and health management. Given that approximately 90% of the Rwandan population is directly or indirectly related to the agricultural sector, Kiva lenders’ funds will be used to support UOB’s agricultural loan products, which are vital to the clients living in remote areas.

About Rwanda

  • $1,000
    Average annual income
  • 85
    View loans »
    Rwanda Loans Fundraising
  • $12,777,600
    Funds lent in using Kiva
  • 621.8
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Placidie to buy more sorghum for resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 13, 2012
Listed
Oct 11, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013